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Evansford, VIC 3371
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$510,000
list-price estimate
Median Unit
$130,000
list-price estimate
Gross Yield (houses)
3.4%
1yr Growth
-
Investment snapshot for Evansford
Evansford has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Evansford market and investor summary
In Evansford, VIC 3371, houses show a gross rental yield of 3.4%. At 2.7% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.4% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Evansford: people, income and schools
Evansford is home to around 147 people, a number that has held fairly steady over five years. The median age is 52, an older, established demographic, and 83% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $49,000 a year, or roughly $950 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). Incomes have risen about 25% over five years, which tends to underpin what local buyers can pay.
- Population
- 147
- +6% over 5yr
- Median age
- 52 years
- Median household income
- $49,000/yr
- Households renting
- 5%
- Family households
- 66%
- Socio-economic rank
- 1/10
- ABS advantage index
- Unemployment
- 6.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Evansford
No properties currently listed in Evansford
Search Evansford listings →Frequently asked questions about Evansford
What should I check before investing in Evansford?
Evansford has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What rental yield does Evansford show?
The gross rental yield in Evansford is 3.4% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Evansford?
The current vacancy rate in Evansford is 2.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Evansford?
Evansford has a population of approximately 147 residents, with a median age of 52.
Is Evansford's population growing?
The population of Evansford has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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